For your reference, below is the 2019 report on farmland value in Canada complied by Farm Credit Canada in which it states that the average annual growth of farmland value is around 6%.
Property Type: Freehold Land
Parcel Size: 160 acres
Price: $ 800,000 CAD
Services: Self-installed well/septic tanks
ONLY $5000 CD/acre to buy an acreage is equal to 100 football field. Rare opportunity to invest in a one of a kind scenic movie setting, where Hollywood shots are taken at this landscape. With absolute privacy, mountain and water view, this is your chance to build a dream home. There are numerous uses of potential development opportunities. A fantastic place to do hunting and recreation activities and a great holding property.